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HomeMy WebLinkAbout2642 262134 ~ TNIS INOENTURE, NMd~ ths 7th day of August . A.D. 19~.~ b~tw~en Charles Valerio ar~d Mvelina A. Valerio. his Nife - of St• L11C~e Cp~~ty Flarida, Mrtin~ft~r d~~ipnst~d as fM "MORTGAGOR," ~~d FIRST fEOERA~ SAVINGS ANp LOAN ASSOCtAT10N OF FORi PIERCE, ~ cwpa~tion o.par+ised ae+d ~xiitirg undK tiw laws of th~ Unit~d St~qs of A~?uiu and h~vinp ib princip~l pl~c~ of busir?~a M t!» City of Fat Pi~tc~, St. lvcN Carnty~ Fbri~a. Mrtinaft.r daipn+t~d a rM "MORTGAGEE." WHEREAS tM MORTGAGOR ia jwtly ind~bt~d M tiw MORTGAGEE in th~ wm of ~ 21 ~ SOO~ ~ pood ~nd ~awfvl mon~y of tM U~~ted S~stes advanad by tA~ MORTGAGEE unto tM MORTGAGOR, as ~videnced by ~ cKtain promiiwry note of ~ven dat~ h~~~with, oi wfiich tl+~ fdlowinp In wwds u~d fgurq i~ • trw topy, towil: ~21, 500. 00 r~~, 1~ 0303 Fort Piwc+. Flaida. A~llat 7 ~p 73 y~ Fw valw received, 1, ws or eitMr of us, promise ro p~y, without defalcation, ~o tM ordsr of FIRST FE~ERAI SAVINGSS~ ANO IOAN ASSOCIATION OF ~ FORT PIERCE at Fort Pierce, Fbrida, the sum of ~ 21 is~•~ with i~~erest fram date H th~ rat~ of 8~ 7~f, pN ~nnum, in monthly ir?itall- ? ~ ments as foIlows::~77•~ on ths2O h day of ~C@~er )9~_ u+d a lik~ ium on ths corrtspond+np d~y of ~uh month th~rr \lH a(ter until the whol~ b~ fully p~id. v Each installmant first shall be applied in payment of tM intatst ~nd thee on tFw unp~id balance of th~ princ~pd s~n~. If defavh b m~ i~ th~ i ~ Psymcnt of any insrallment when due. and wch detault tonlinws 30 dap, then at tM option of tFM ho{der. ~nd without ~~y othK notite. all tlr remaininp ~ installmeots ihall be dw and payabb at once. Privilape is 9iven to pr~pay this noq in whol~ or in p~H ~t ~ny time without p~n~lry. PhitF~ fw~bearanu. ~ nor accept~nce by ~M holder tMreof ~iter any default in any paymenb hereon, sh+ll be deemed e:tention. A I~te payme~t cMry~ of = 8~85 aha~l b~ added to each installmsnl remainirg unpaid 7 days aher in dw date, s~d a like sum shall b~ addad to each wch insullment remaini~p w?paid 7 day~ ahK each succeedinp payme~t daM. y~ Each maka, surery snd endorser he?eof, ~ointly and severalty, waives demand, preaentmsnt protest ~nd notioe of protest fw eanpaymenl, ~~d furtMr egrees 10 ~ny extension of tirne of payment, citF?e~ before a after mat~rity, without no?ice to any of us; and to p~y all oosts of coll~stio~, Includinp ~ reason+bk attorney i fee in the evcnt of ~ny defsult htreunder, ~nd htreby severally waives ~II beneflt of homeste.td s~d exemption under tM constitution a and laws of cuh Sute of the Unitad States, ~s ayair?st this obligatan w ~ny extentioe o? renewal hereof. . n:~; ~tness the hand snd sea! of e~ch party. i ~ _ t~U a ar es er o ~U cs~rw s/Angelina A. Valerio ~ v ~ $ 32. 2 5 ~ st.t• . aewnw ~ ~ (sr~Ata1'l~fMdtl''A1~q1AYh1MIMl , 21 s~ ~ ~ NOW, THEREFORE, the MORTGAGOR for the purpose of ~ecvrirg p~yment of said swn of ~ • • . a~+d tM perfwmanu of th~ cova~ants ~nd +greements hsreinafter expreued, ~nd fw divKS good and v~lwbl~ considerations, by thes~ presenn, dws yrant, barp~i~, sell, remise, retease, conwy and confirm umo th~ MORTGAGEE, ib successws u~d sui9ns, ~ll that certain IW, pieu or paroel of land, sitwt~, lyinp, and bei~p in ths County of St • Lt1Ci@ , and Sat~ of fbrid~, dtwib~d follows: ~ ~ 1 Lot 18~ Block 107~ P'ORT ST. LUCIB SECTION 27, as per p2at thereof on file in P2at Book 14, page 5, public records of St. Lucie County, Florida~ ; - ~ ° E o~ ! D A 1 _ o= OOtUMENTARY ..-.~STAMP iAY. ~ " OEPT. pi REVENIlE ' • . E ~ _ _ _ ~zrn ' 1 ~ _ ~ 2 5 t ~ t~s ~ . 4 ~~uo: . ~ 3 ~ ~~,~E„t 6 ~n' ~ ~s o~'gn~ ~ oN ~i-i~?. ~~i ~ ~Rt~s ~1,1l~1E fA. ~ ~ G~ together witF~ all snd singular the tenerrKnts, hereditsmenh ~nd ~ppurtances thereunro belagirg w in anywise appeA~ininp thereto, ud all renn, istues, prxeeds and profin acuuing and to sccrue from said premises, all of which are included in the abov~ and forpoirg dewiption and habendum. TO HAVE AND TQhHOLDYthe above described and gra~ted premis~s unto tFw s~id MORTGAGEE, ib suaessas snd +ssip~s fo?w~t. Md th~ s~id MORTGAGOR for t@i hc;n, exetuton, administraton snd ~uigro, henby tovenann with th~ s~id MORTGAGEE, its straeison ~nd assipns, rhar thev are ~A~~~~y ~;zed of the ssid p?emises in fee simple; that tF» ssme ar~ fne, clear and discharyed from all liem ~nd-N+ewn- brar+ces in I~w a in eqoity, and that they w~~~ i~ their heirt ahall wurant and defend tM titl~ to tM sarrn to th~ wid , MORTGAGEE, its successors ~nd ~uigns, forever apsinst the l+wful daims ~nd demu~ds of ~U panaat PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unro tl+e MORT6AGEE tlk promiswry note Iwreinbefwt desvlbsd a~d ahall trvty, promptly ~f and fully perfwm, d7sdurge, exec~te, compkte, comply with and ab~de by e~ch and every tFie stipubtaro, ayr~srr~enri, conditions ~rd auv~nanb of sald ~ promissory note and of this Mwtyape, fher? this Mortysye +nd ths Est~te hereby veated sh+ll uas~ ~nd be nvll ~nd void. ~ IT IS UNOERSTOOD that the word "Mortgagor" whetlro~ in tFK sinpular w plwal anywhen th7s Mwt9~pt, shall bs sirgvlar if on~ only and 7 ~ shsl) be plunl jointly ~nd severslly if mor~ tMn one, aod that the word "their" as used anywl+~r~ in this Mort~ay~ shsll bt take~ to me~n "his." "Mn;' w"its;' whereve~ tM context so implies a admits. Also, tlut wherever ther~ is a reference in the coven~nts a~d ~yreeemnb hKein oont+ined to ~nr of ~ fhe panies hereto, the same shsll be construed to mesn as well as t!K hein, le9al r~presentstives, succeuors and assi~rn (eNha vol~ntary by ~d of tfw parties a i~vduntsry by opera~ion of the law) of the same +~d that ~he cova++nn herein conrai~ed shsll bind •nd rhe b.o.fin aed dvant~pes Inw• ~ ro the respective F~ein, 1e9a1 represent~tivts, successora and ~ss~ns of the parti~ hereto. Md seid Mortg~gwt, for themselves s~d thei~ heirs, leyal repreuntatives, succesaon +nd aaipra, hereby jointly amd save~ally tovMSM and ~pr~e to snd with the ssid MORTGAGEE, its wccessors and ~ugru: ~ 1. To pay all ~nd iirgu~ar the principal and interest u~d tht Yario~s and sundry sums of money paY~bb by virtue of said pramissuy nots, and this morty~ge, exh and every, promptly on the days respedively tfw asme sev~rally bacom~ dw. 2. To pay alI ~nd s'apular the ta:es, assessmena. Iwies, li~bilir~es, oblipaYans ~nd Mcwnbrances of ~vM? ~+ture ~nd kind now on said d~aaibed Prop~rty, a that I~eaher may b~ impwed, wffer~d, plsced. ~wied, a auesied theraon, a thst hereaft~r may b~ levi~d w~ssessed vpon thit Mort~ age, w tM indebtedness ucured hereby. ~ach and every, when due and paysbb, acc«dinp to law, bsfwe Misy becan~ dtlinquent, and befor~ am? tntKest nttaches or any penalty is incvrred; AND INSOFAR AS ANY TMEREOF IS Of RKORD THE SMI1E SHAII dE PRO11MTlY SATISfiEO AND OISCHARGED OF RECORD AN~ THE ORIGINAL OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE 7AX RECEIPT OR THE SATISFACTION P/1PER OffICIAILY ENDORSED OR CERTIFIEO) SHAII 8E PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN OAYS NEXT AFTER PAYMENT; and in the tvent thst a~y thaeof is ~ot paid, sat'sfied and di~charged sa:d MORTGAGEE may at ~ny time pay the aame or any part thaeof withovt waivi~y or affectieg any option, lien, eqvity or •~qht under w by vinue of this mortgage and the full amount of each and every tuch psyment shall be immediately dv~ and payabl~ arid sh~ll btar intet~st ~.om the d~te thereof until paid at rate of nine per centum per a~num snd toyether with wth interest sMll b~ he lien of 1h:~ morfltape. ~t. ~e ~~7 ~~~E~6~~ i~ . 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